Update announcement on Curve LP rewards. Latest epoch is now live, Curve incentive rewards are back.
06 Apr 2023, 05:18
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Update announcement on Curve LP rewards;
Latest epoch is now live, Curve incentive rewards are back! Including the return of rewards to ibAUD & ibJPY pools
Yields available currently are;
~ ibEUR / sEUR @ $2.79m TVL = up to 20.9% tAPR
~ ibEUR / USDC @ $948k TVL = up to 74.3% tAPR
~ ibCHF / sCHF @ $483K TVL = up to 45.6% tAPR
~ ibGBP / sGBP @ $349k TVL = up to 58.6% tAPR
~ ibAUD / sAUD @ $281.8k TVL = up to 75.3% tAPR
~ ibKRW / sKRW @ $628.5k TVL = up to 33.6% tAPR
~ ibJPY / sJPY @ $134.7k TVL = up to 160% tAPR
Yield will scale downwards (i.e. decrease) with increase in pool TVL
š§-liquidity-providers can boost their yield rewards by depositing LP tokens within Yearn vaults or on Convex
Yearn Vaults - will auto-compound yield back into LP position & offers a 2.5x boost across all pools:
~ ibEUR / sEUR; https://yearn.finance/vaults/1/0xD347e7A3DdF5Ce4C42E19a4F30eEAA761795C72B
~ ibEUR / USDC; https://yearn.finance/vaults/1/0x9F8B5c0fc18B79DdFc05b21c43da7E324Cf3B8Eb
~ ibCHF / sCHF;
https://yearn.finance/vaults/1/0x72FaEA467BD88db6720A861e56A3a72B4Aa579DF
~ ibGBP / sGBP; https://yearn.finance/vaults/1/0xbE4afE6737CCf34cA21cdeF461E5C7547Adc8C77
~ ibAUD / sAUD; https://yearn.finance/vaults/1/0x1b905331F7dE2748F4D6a0678e1521E20347643F
~ ibJPY / sJPY; https://yearn.finance/vaults/1/0x59518884EeBFb03e90a18ADBAAAB770d4666471e
~ ibKRW / sKRW; https://yearn.finance/vaults/1/0x5359680A80c1FB2175cD33efF32f762e43cD8C41
Convex - will boost CRV rewards (1.8x - 1.9x) whilst also providing CVX rewards;
~ search pools for "ibEUR, ibCHF, ibGBP, ibAUD, ibKRW or ibJPY"
Reminders;
- Synthetix assets can be swapped between sXXX stables via Kwenta
Pro-tips;
Make sure to hold a synthetix asset prior to utilizing Kwenta, to do so acquire assets from existing pools
- sETH/ sUSD can be acquired from 1inch or curve (use to swap to sXXX via Kwenta)
- up to 970k of sEUR can be acquired from the ibEUR/sEUR pool (when purchased with ibEUR) at a discount due to pool overbalance + sEUR can be swapped to other sXXX via kwenta to enter other imbalanced pools for a bonus! (Additional bonus can be earnt on curve by providing ratio of assets that help achieve pool balance)
~ Pool Balances;
ibEUR / sEUR = 32/68% [buy sEUR at discount]
ibCHF / sCHF = 58/42%
ibGBP / sGBP = 92/8% [buy ibGBP at discount]
ibAUD / sAUD = 15/85% [buy sAUD at discount]
ibJPY / sJPY = 33/67% [buy sJPY at discount]
ibKRW / sKRW= 81/19% [buy ibKRW at discount]
- Observe curve pool balance before entry as LP.
- Fixed Forex assets (ibXXX stables) can be borrowed from Iron Bank
- Today marks the start of a new 16 week long locked convex term, over 8 epoch during which Keep3r plans continue to incentivize the pools across consistently to attract & grow TVL
Happy yield farming folks! šØāš¾